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Promate Electronic Co (TPE:6189) Net Margin % : 4.26% (As of Mar. 2024)


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What is Promate Electronic Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Promate Electronic Co's Net Income for the three months ended in Mar. 2024 was NT$483 Mil. Promate Electronic Co's Revenue for the three months ended in Mar. 2024 was NT$11,359 Mil. Therefore, Promate Electronic Co's net margin for the quarter that ended in Mar. 2024 was 4.26%.

The historical rank and industry rank for Promate Electronic Co's Net Margin % or its related term are showing as below:

TPE:6189' s Net Margin % Range Over the Past 10 Years
Min: 1.9   Med: 2.55   Max: 3.43
Current: 3.43


TPE:6189's Net Margin % is ranked better than
54.36% of 2465 companies
in the Hardware industry
Industry Median: 2.67 vs TPE:6189: 3.43

Promate Electronic Co Net Margin % Historical Data

The historical data trend for Promate Electronic Co's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Promate Electronic Co Net Margin % Chart

Promate Electronic Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.06 2.01 2.45 2.92 2.87

Promate Electronic Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.42 3.58 4.83 0.46 4.26

Competitive Comparison of Promate Electronic Co's Net Margin %

For the Electronics & Computer Distribution subindustry, Promate Electronic Co's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Promate Electronic Co's Net Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Promate Electronic Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Promate Electronic Co's Net Margin % falls into.



Promate Electronic Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Promate Electronic Co's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=847.418/29513.926
=2.87 %

Promate Electronic Co's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=483.395/11358.526
=4.26 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Promate Electronic Co  (TPE:6189) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Promate Electronic Co Net Margin % Related Terms

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Promate Electronic Co (TPE:6189) Business Description

Traded in Other Exchanges
N/A
Address
No. 32, Section of Huanshan Road, 4th Floor, Nei Hu District, Taipei, TWN, 11442
Promate Electronic Co Ltd is mainly engaged in the distribution and sales of electronic/electrical components, sales of computer software and electrical products, and sales of electronic/electrical components. The company has these operating segments; Application specific and LCD Display Products, Linear/ Distributed Components, Image Processing ICs, Application specific ICs, and Others. It has two business divisions; China Region and Non-China Region, out of which it derives a majority of its revenue from the Non-China Region.

Promate Electronic Co (TPE:6189) Headlines

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